There are barriers at the tolls. The system counts and classifies the vehicles. Pictures of the vehicle are taken per transaction. The system then marries the transaction with the classification of the vehicle and the video. Then, there are features to manage the exempt vehicles and monthly passes, etc.

APM Terminals Pipavav currently has a capacity to handle up to 850,000 TEUs of containers, 4-5 million MT of dry bulk cargo, 2 million MT of liquid cargo and about 250,000 cars per year. We are currently in the midst of an expansion primarily to increase the container handling capacity from 850,000 TEUs to 1.35 mn TEUs a year.

As such there is no diversion of cargo from the major ports to the non-major ports. As far as the traffic at major ports is concerned, there is consistent traffic flow and is largely on the increasing trend. However, non-major ports are also attracting cargo due to being captive ports and having no regulatory mechanism like TAMP, etc.

We have recently signed a Letter of Intent (LoI) with India´s largest Container Terminal Jawaharlal Nehru Port Trust. This announcement was made at a formal event presided by Mr Nitin Gadkari, Union Minister of Road Transport, Highways and Shipping in the presence of Mr Anil Desai, Member of Rajya Sabha in Mumbai.

The total lubricant market in India is around 2.2 billion litres. It is a strong market with rising opportunities and ranks third after the United States and China. As per recent reports by Kline, the overall Lubricants industry in India is expected to grow at a CAGR of 2.5 per cent.

When I came to India last year, I first focused on finding assets to finance. I started with some very small projects. These were portfolios of rooftops or small utility scale projects that gave us an understanding about the issues here. I´d also been advising the Aditya Birla group prior to moving, with the previous firm I was working with in New York.

In 2010, when GST was announced, with the promises of a trillion dollars of investments in logistics, we at DHL decided to make our company GST ready. We looked at four key parameters- investment in warehouses, transport, training, and IT.

First of all, when we talk about a project, it is not only about the project but the risks associated with it. When it is an Indian investor, the risks are lesser in nature. However, a foreign investor comes in looking at a lot of other risk factors as well.

It-¦s a very relevant point since $1 trillion is required for infrastructure spending as estimated by the 12th Five Year Plan and you need long-term low-cost funds. Clearly, the major supplier of those, the public sector banks historically, are not going to be able to fill this requirement.